The New England Conservatory of Music

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2017 Undergraduate Tuition

$46,100

4.06% growth from 2016

2017 Average Net Price

$41,274

After Financial Aid

2016 Student Loan

0.769%

Default Rate

2017 Acceptance Rate

32.8%

1,216 Applicants

2017 Enrolled Students

844

93.7% Full-Time

About

The New England Conservatory of Music is a higher education institution located in Suffolk County, MA. In 2016, the most popular Bachelor's Degree concentrations at The New England Conservatory of Music were Stringed Instruments (21 degrees awarded), Jazz & Jazz Studies (16 degrees), and Woodwind Instruments (14 degrees).

In 2017, 263 degrees were awarded across all undergraduate and graduate programs at The New England Conservatory of Music. 47.9% of these degrees were awarded to women, and 52.1% awarded men. The majority of degree recipients were N/A (N/A degrees), N/A times N/A then the next closest race/ethnicity group, N/A (N/A degrees).

The median undergraduate tuition at The New England Conservatory of Music is $46,100, which is $32,100 more than the national average for Special Focus Institutions ($14,000).

Special Focus Four-Year: Arts, Music & Design Schools Special Focus Institutions

Costs

The median undergraduate tuition at The New England Conservatory of Music is $46,100, which is $32,100 more than the national average for Special Focus Institutions ($14,000).

After taking grants and loans into account, the average net price for students is $41,274.

In 2017, 94% of undergraduate students received federal grants, while 32% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$46,100

2017 Undergraduate Tuition

In 2017, the cost of tuition at The New England Conservatory of Music was $46,100. The cost of tuition at The New England Conservatory of Music is $32,100 more than than the overall (public and private) national average for Special Focus Institutions ($14,000).

This chart compares the tuition costs of The New England Conservatory of Music (in red) with those of other similar universities.

Average Net Price

$41,274

2017 Value

0.436%

1 Year Growth

In 2017 The New England Conservatory of Music had an average net price — the price paid after factoring in grants and loans — of $41,274. Between 2016 and 2017, the average net price of The New England Conservatory of Music grew by 0.436%.

This chart compares the average net price of The New England Conservatory of Music (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$13,900

Room and Board

$700

Books and Supplies

The average yearly cost of room and board at The New England Conservatory of Music was of $13,900 in 2017. During the same period, the average yearly cost of books and supplies was $700. The cost of room and board increased by 4.98% between 2016 and 2017. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at The New England Conservatory of Music (in red) with that of similar universities.

Financial Aid

Financial Aid by Income Level

94%

Of Undergraduates Receive Grants

32%

Of Undergraduates Receive Federal Loans

94% of undergraduate students at The New England Conservatory of Music received grants or loans in 2017. This represents a growth of 1.08% with respect to 2016, when 93% of undergraduate students received financial aid.

This chart compares the average award discount at The New England Conservatory of Music (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.769%

2016 Default Rate

Number of Defaults

In 2016 the default rate for borrower's at The New England Conservatory of Music was 0.769%, which represents 1 out of the 130 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

The New England Conservatory of Music received 1,216 undergraduate applications in 2017, which represents a 3.31% annual growth. Out of those 1,216 applicants, 399 students were accepted for enrollment, representing a 32.8% acceptance rate.

There were 844 students enrolled at The New England Conservatory of Music in 2017, and N/A% of first-time enrollees submitted SAT scores with their applications.

The New England Conservatory of Music has an overall enrollment yield of 27.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

32.8%

Acceptance Rate in 2017

399

Accepted Out of 1,216

In 2017, the undergraduate acceptance rate of The New England Conservatory of Music was 32.8% (399 admissions from 1,216 applications). This is lower than the acceptance rate of 2016, which was 35.4%. Between 2016 and 2017, the number of applicants grew by 3.31%, while admissions declined by -4.32%.

This chart compares the acceptance rate of The New England Conservatory of Music (in red) with that of other similar universities.

SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at The New England Conservatory of Music in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

The New England Conservatory of Music has a total enrollment of 844 students. The full-time enrollment at The New England Conservatory of Music is 791 students and the part-time enrollment is 53. This means that 93.7% of students enrolled at The New England Conservatory of Music are enrolled full-time.

The enrolled student population at The New England Conservatory of Music, both undergraduate and graduate, is 34.1% White, 9.24% Asian, 4.86% Two or More Races, 2.96% Hispanic or Latino, 2.25% Black or African American, 0.237% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at The New England Conservatory of Music in full-time Undergraduate programs are majority White Male (21.4%), followed by White Female (13.5%) and Asian Female (5.41%). Students enrolled in full-time Graduate programs are majority White Male (20.1%), followed by White Female (13.5%) and Asian Male (5.21%).

Full-Time vs Part-Time Enrollment

93.7%

Full-Time Enrollment

The total enrollment at The New England Conservatory of Music, both undergraduate and graduate, is 844 students. The full-time enrollment at The New England Conservatory of Music is 791 and the part-time enrollment is 53. This means that 93.7% of students enrolled at The New England Conservatory of Music are enrolled full-time compared with 71.1% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at The New England Conservatory of Music (in red) compares to similar universities.

Retention Rate over Time

93%

2017 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at The New England Conservatory of Music was 93%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), The New England Conservatory of Music had a retention rate higher than its peers.

This chart shows the retention rate over time at The New England Conservatory of Music (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
288
Asian
78
Two or More Races
41

The enrolled student population at The New England Conservatory of Music is 34.1% White, 9.24% Asian, 4.86% Two or More Races, 2.96% Hispanic or Latino, 2.25% Black or African American, 0.237% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 44.7% White, 15.6% Hispanic or Latino, and 15.5% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 48 students (5.69%) did not report their race.

Graduates

In 2017, 11 fewer women than men received degrees from The New England Conservatory of Music. The majority of degree recipients at The New England Conservatory of Music are N/A (N/A degrees awarded). There were N/A times more N/A graduates than the next closest race/ethnicity group, N/A (N/A degrees).

The most common Bachelor's Degree concentration at The New England Conservatory of Music is Stringed Instruments (21 degrees awarded), followed by Jazz & Jazz Studies (16 degrees) and Woodwind Instruments (14 degrees).

The most specialized majors across all degree types at The New England Conservatory of Music, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (263 degrees awarded).

Workforce

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at The New England Conservatory of Music are Elementary & middle school teachers (97,016 people), Graphic designers (91,073 people), Other managers (69,024 people), Other designers (57,300 people), and Postsecondary teachers (55,507 people).

The most specialized majors at The New England Conservatory of Music are Visual & Performing Arts (263 degrees awarded).

Highest Paying Jobs by Major

Physicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at The New England Conservatory of Music are Physicians, Nurse anesthetists, Chief executives & legislators, Broadcast announcers and radio disc jockeys, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at The New England Conservatory of Music are Visual & Performing Arts (263 degrees awarded).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at The New England Conservatory of Music are Elementary & secondary schools (165,720 people), Colleges, universities & professional schools, including junior colleges (109,805 people), Specialized design services (62,482 people), Computer Systems Design (60,351 people), and Restaurants & Food Services (55,351 people).

The most specialized majors at The New England Conservatory of Music are Visual & Performing Arts (263 degrees awarded).

Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by The New England Conservatory of Music.

Most Common

Stringed Instruments
21 degree-majorss awarded
Jazz & Jazz Studies
16 degree-majorss awarded
Woodwind Instruments
14 degree-majorss awarded

In 2017, the most common bachelors degree concentration at The New England Conservatory of Music was Stringed Instruments with 21 degree-majorss awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at The New England Conservatory of Music according to their major.

Gender Breakdown for Common Majors

Degrees Awarded to Men

In 2017, 137 degrees were awarded to men at The New England Conservatory of Music, which is 1.09 times more than the number of degrees awarded to females (126).

This chart displays the gender disparity between the top 5 majors at The New England Conservatory of Music by degrees awarded.

Most Common Male Majors

In 2017, 39 degrees were awarded to men at The New England Conservatory of Music in Jazz & Jazz Studies, which is 3.9 times more than the 10 female recipients with that same degree.

Most Common Female Majors

In 2017, 41 degrees were awarded to women at The New England Conservatory of Music in Stringed Instruments, which is 2.05 times more than the 20 male recipients with that same degree.

Time to Complete

66%

100% Completion Time

84%

150% Completion Time

In 2017, 66% of students graduating from The New England Conservatory of Music completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 84% completed their degrees within 150% of the normal time, and 85% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

N/A

Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at The New England Conservatory of Music is N/A and N/A (N/A% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (68.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, N/A% of graduates (N/A students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

N/A
N/A degrees awarded
N/A
N/A degrees awarded
N/A
N/A degrees awarded

The most common race/ethnicity at The New England Conservatory of Music is N/A (N/A degrees awarded). There were N/A times N/A N/A recipients than the next closest race/ethnicity group, N/A (N/A degrees).

N/A% of degree recipients (N/A students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Male
70 degrees awarded
White Female
45 degrees awarded
Asian Female
15 degrees awarded

The most common race/ethnicity and gender grouping at The New England Conservatory of Music is white male (70 degrees awarded). There were 1.56 times more white male recipients than the next closest race/ethnicity group, white female (45 degrees).

Operations

The New England Conservatory of Music has an endowment valued at nearly $117M, as of the end of the 2017 fiscal year. The return on its endowment was of $12.4M (10.6%), compared to the 2.38% average return ($240k on $10.1M) across all Special Focus Institutions.

In 2017, The New England Conservatory of Music had a total salary expenditure of $41.2M. The New England Conservatory of Music employs 102 No academic ranks, 0 N/A, and 0 N/A. Most academics at The New England Conservatory of Music are Male No academic ranks (71), Female No academic ranks(31), and N/A (0).

The most common positions for non-instructional staff at The New England Conservatory of Music are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 68 employees, Office and Administrative Support, with 22 employees, and Business and Financial Operations with 13 employees.

Finances

Endowment

$117M

2017 Endowment

10.6%

growth from 2016

The New England Conservatory of Music has an endowment valued at about $117M, as of the end of the 2017 fiscal year. The endowment of The New England Conservatory of Music grew 10.6% from the previous year. The value of their endowment was $107M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at The New England Conservatory of Music (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Arts, Music & Design Schools Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$35.2k - Federal
$25.6k - State
$0 - Local

As of 2017, The New England Conservatory of Music received $35.2k in grants and contracts from the federal government, $25.6k from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$22.1M

2017 Salaries

4.74%

growth from 2016

In 2017, The New England Conservatory of Music paid a median of $22.1M in salaries, which represents 53.7% of their overall expenditure ($41.2M) and a 4.74% growth from the previous year. This is compared to a 4.37% decline from 2015 and a 2.86% growth from 2014.

The median for similar Special Focus Institutions is 2.59M (39.4% of overall expenditures).

Instructional Salaries

$7.96M

Instructional Salaries

102

Number of Employees

In 2017, The New England Conservatory of Music paid a total of $7.96M to 102 employees working as instructors, which represents 36% of all salaries paid.

This is compared to a median of $727k (28.1%) for similar Special Focus Institutions.

Faculty and Staff

Occupations by Share

No academic rank

Most Common Instructor

102 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

68 Employees

In 2017, the most common positions for instructional staff at The New England Conservatory of Music were No academic rank with 102 employees; false with 0 employees; and false with 0 employees.

In 2017, the most common positions for non-instructional staff at The New England Conservatory of Music were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 68 employees; Office and Administrative Support with 22 employees; and Business and Financial Operations with 13 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male No academic rank
Female No academic rank
false

In 2017, the most common demographic for instructional staff at The New England Conservatory of Music was Male No academic rank with 71 employees, Female No academic rank with 31 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at The New England Conservatory of Music.

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